SMEs based in Scotland can apply for a share of £1.5 million in innovation projects in evaluation of medical technologies as part of a UK-wide competition
SMEs based in Scotland can apply for a share of £1.5 million in innovation projects as part of a UK-wide competition.
The Office for Life Sciences (OLS) will work with Innovate UK, as part of UK Research and Innovation, to invest up to £1.5 million in innovation projects. These will support developers of innovative medical devices, diagnostics and regulated digital technology to evaluate their product in a real world clinical setting. This competition provides support for micro, small or medium sized enterprises (SMEs) to develop an evidence base for products that address NHS priorities. OLS’s support will allow companies to collect and analyse clinical performance and cost effectiveness data in an NHS setting.
All projects must be led by a UK based SME. You can choose from 2 options:
- Planning and preparation for a study, for which total eligible project costs can be up to £50,000.
- A study to collect clinical performance and cost-effectiveness data, for which total project costs can be up to £250,000.
Applications for funding to cover the costs of material or capital usage will not be eligible. SMEs can work alone or collaborate with others as non grant claiming partners or sub-contractors. Only the lead partner will be eligible to claim grant funding.
Applications are highly encouraged from SMEs from across all regions of England, Scotland, Wales, and Northern Ireland.
If there are any questions about funding levels and costs, email email@example.com. For more information and to apply, visit the Innovation Funding Service website. The competition closes on Wednesday, 3 July 2019.